AAA FUEL GAUGE: West Virginia Gasoline Prices Down a Dime

Special to HuntingtonNews.Net

West Virginia motorists are saving a dime per gallon at the pumps this week as local prices fell to an average $3.46 per gallon.

 

According to the Fuel Gauge of AAA East Central, Tuesday's (Dec. 11)  national average price for a gallon of regular unleaded gasoline is $3.34. This price is a nickel less than last week and down 11 cents from last month. With only three weeks remaining in 2012, the average price this year is expected to be the most expensive on record. The 2012 national average to-date is $3.62; the previous record was last year at $3.51.

 

Over the last week, the average pump price in every state has fallen. Pump prices across the country have steadily declined as U.S. demand for gasoline continues to be low and inventories continue to be high. The exception is the East Coast, where supplies are increasing but remain somewhat tight following the disruption to distribution following Superstorm Sandy and the limited imports from Europe due to the higher global crude oil prices paid by overseas refiners.

 

Lower crude oil prices have also contributed to the cheaper gas prices paid by consumers. At today’s close of formal trading on the NYMEX Monday, the price of West Texas Intermediate (WTI) crude oil was down 37 cents to settle at $85.56 per barrel, its lowest price since November 15.

 

This week’s average prices: West Virginia Average                      $3.461

Average price during the week of December 4, 2012                     $3.559

Average price during the week of December 13, 2011                   $3.323

 

Today’s National Average Price                                                      $3.328

 

The following is a list of the average price of unleaded self-serve gasoline in various areas:

 

 

$3.441

Bridgeport

$3.455

Clarksburg

$3.352

Huntington

$3.610

Martinsburg

$3.511

Morgantown

$3.354

Parkersburg

$3.485

Weirton

$3.481

Wheeling

 

AAA East Central is a not-for-profit association with 80 local offices in Pennsylvania, West Virginia, Ohio, New York and Kentucky servicing 2.5 million members.

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